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What is DBS Bank doing with cryptocurrencies and blockchain technology?

The massive attention that cryptocurrencies and blockchain technology have received in past months called the attention of DBS Bank. Singapore’s largest bank, DBS Bank, announced the arrival of crypto trading next week, with the integration of DBS Digital Exchange as a subsidiary of the bank.

Who owns the DBS digital exchange?

The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange. DBS Bank of Singapore has officially announced the arrival of its digital assets exchange, with trading to start next week. The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange.

Does DBS digibank offer self-directed Crypto trading?

Singapore, 23 Sep 2022 - DBS today announced that it has rolled out self-directed crypto trading via DBS digibank, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx at their convenience.

Is DDEX a bank-backed cryptocurrency exchange?

This latest move provides more seamless and hassle-free access to DDEx, one of the world’s first bank-backed digital exchanges. Previously, crypto trading on DDEx was limited to corporate and institutional investors, family offices and clients of DBS Private Bank and DBS Treasures Private Client only.

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